Covr Financial Technologies
Latest round
- Series B
Last raised
- Apr 2022
Total raised
- $25M
Investors
- 11
About Covr Financial Technologies
Founded in 2013, Covr Financial Technologies operates out of Boise, US, focusing on streamlining insurance sales for financial institutions and consumers.Covr Financial Technologies specializes in simplifying the insurance purchasing process by offering an integrated platform that provides life insurance, long-term care insurance, and disability insurance for consumers. The company's core product suite enables financial institutions to easily incorporate these insurance offerings into their services, thereby enhancing customer engagement and satisfaction. Covr partners with 29 leading insurance carriers, ensuring a diverse array of options for consumers and institutions alike.S. markets.Covr Financial Technologies generates revenue primarily through its partnerships with financial institutions that utilize its insurance tools and services. These partnerships facilitate the distribution of insurance products directly to consumers, creating a B2B model where financial institutions serve as intermediaries. The company receives compensation based on the volume of insurance policies sold or through structured fees associated with the services they provide.S. markets over the next 12 months.
Who invested in Covr Financial Technologies
11 investors across 2 rounds
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Questions about Covr Financial Technologies
Who invested in Covr Financial Technologies?
Covr Financial Technologies has 11 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Covr Financial Technologies raised?
Covr Financial Technologies has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Covr Financial Technologies last raise money?
Covr Financial Technologies's most recent round on record is a Series B, in Apr 2022.
What does Covr Financial Technologies do?
Founded in 2013, Covr Financial Technologies operates out of Boise, US, focusing on streamlining insurance sales for financial institutions and consumers.
Where is Covr Financial Technologies headquartered?
Covr Financial Technologies is headquartered in Boise, US.
Which VCs invest in companies like Covr Financial Technologies?
Among active investors with capital left to deploy, Radical Ventures, Ribbit Capital, TrueBridge Capital Partners and Tribe Capital back insurance companies at Covr Financial Technologies's stage. Their profiles are linked below.
VCs backing insurance startups at Series B
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